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deal with the Rajya Sabha.
It was said that the price details were “classified information”. This was as
per the Inter-Governmental Agreement (IGA) between the governments of
India and France. Accordingly, material exchanged under the IGA is
governed by the provisions of the Security Agreement. The Security
Agreement relates to the Protection of Classified Information and Material in
the field of Defence. It was signed in 2008 by the two nations.
This deal is India’s biggest-ever procurement. In the effectiveness of the
Rafale deal lies the future of other defence procurements. Rafale has a huge
potential to develop direct and indirect employment opportunities in India.
Besides high-end technology like engine know-how, major structural
assembly will give a major fillip in the development of the aviation sector in
India.
20. REFORMS IN UN SECURITY COUNCIL
History of UN
The twentieth century witnessed two world wars, which were highly
destructive of life as well as material. These two wars shook the conscience
of the people of the world and highlighted the need for peace and cooperation
among nations. The first attempt towards achieving this aim of world peace
was in the form of the League of Nations after the First World War. This was,
of course, a failure, as it could not avert the Second World War.
The search for peace culminated in the formation of the ‘United Nations’
after the Second World War. The name ‘United Nations’ was coined by the
United States President Franklin D Roosevelt. The United Nations officially
came into existence on 24 October 1945, when its charter had been ratified
by China, France, the USSR, UK and US, and by the majority of other
signatories. This day every year is celebrated as UN Day all over the world.
Headquartered in New York City, the UN also has regional offices in